Water Purifier Insurance

Overview:

With increasing instances of water pollution, domestic water purifiers have become a necessity rather than a luxury. Clean and safe drinking water is important to ensure the health of your family.

The performance of any water purifier is determined by the efficiency of its filters. The outer casing of filters and membranes of a purifier may lose its form or texture due to accidental damage, wear-and-tear or mechanical issues. The maintenance and repair costs of many water purifiers, especially RO water purifiers are quite high.

The Water Purifier Insurance from Bajaj Finserv is designed to give you comprehensive coverage for your water purifier. It provides financial protection against accidental damage due to fire, mechanical breakdown, and even burglary.

Features & Benefits:

High Coverage At A Low Premium

A minimum premium of Rs. 249 can provide you with a coverage up to Rs. 25,000.

Choice Of Payment Method

What Is Covered?

Standard Fire And Special Perils Cover

This cover includes damage to the water purifier due to accidental fire, explosion/implosion, breakdown due to earthquakes, floods or other perils as specified.

Burglary And Robbery Cover

Any loss or damage to your water filter due to robbery or burglary will be covered under the Water Purifier Insurance.

Accidental Damage Cover

The water purifier shall also be covered in case of accidental damage. You can get coverage for repair and replacement costs arising due to such accidental damage.

Mechanical Breakdown Cover

If your water filter breaks down due to mechanical issues, then you can get coverage for replacement and repair expenses to fix these issues.

The coverage value will be as per the invoice value of the filter, subject to a maximum limit of sum insured. For more information on terms and conditions on coverages, please click here.

What Is Not Covered?

Delay In Application

If an individual applies for insurance after 30 days from the date of purchase of the filter (as mentioned in the invoice), then it will not be covered.

Damage Due To Pollution

If pollution or contamination is the reason behind damage, loss or destruction of the water filter, then it will not be covered under water purifier insurance.

Deductibles Applicable

The deductible of the first 5% of each and every claim amount is subject to a minimum of Rs. 1,000 for sum insured upto Rs. 20,000, or Rs. 2,000 for sum insured more than Rs. 20,000 up to 50,000.
This is applicable unless specifically revised and altered by the insurer and mentioned in the Certificate of Insurance.

Damage On Account Of Terrorism

Any damage or loss to the water filter caused due to an act of terrorism is not covered.

For more information on terms and conditions of coverages, please click here.

How To Apply?

Buying Water Purifier Insurance online has never been so easy. Just login to our portal, fill the online application, submit it and pay the premium online.

How To Claim?

You need to inform our Customer Experience team within 24 hours to place a claim request for Water Purifier Insurance. Here’s a list of mandatory documents to be submitted along with the claim request.